Real Estate
Maintenance Cost Recharged to Owner
Passing through a plumbing repair cost to the property owner after arranging the fix.
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| Accounts Receivable (Owner) | Asset (+) | 350.00 | - |
| Maintenance Expense (Gross) | Expense (+) | 350.00 | - |
| Maintenance Recovery Revenue | Revenue (+) | - | 350.00 |
| Cash / Bank | Asset (-) | - | 350.00 |
💡 Accountant's Note
The manager pays the contractor, records the expense, and immediately bills the owner. The net effect is zero income — the manager is simply a pass-through agent for this cost.
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